Elmridge Country Club Inc. v. The Queen, 99 DTC 5127 (FCA) -- summary under Subsection 149(5)

By services, 28 November, 2015

Interest income derived by a golf club from the temporary investment of cash surpluses were taxable. Décary J.A. rejected a submission that income from activities that were incidental to the non-profit activities of the club were not intended to be taxable.

Topics and taglines
Topic
Income Tax Act - s. 149(5)
Words and phrases
income from property
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
334267
Extra import data
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